One may buy RBNL: Ashwani Gujral

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now, gives his views on RBNL.

What’s your view on the charts of an RBNL?

All of these ADAG stocks went up because of that court decision, so nothing significant here. If it can get past 90, maybe you can see levels of 120 but overall this has been a flat stock. It has not done much, lows of about 60 and highs of about 120, so if you get it around 60, maybe it is a stock you should buy but around these levels, it does not seem to be in any kind of good trend.